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How Many Altcoins Are There: 5 Essential Statistics

How Many Altcoins Are There: 5 Essential Statistics

Beyond Bitcoin, altcoins hold a substantial place in the cryptocurrency industry. According to a recent report, thousands of cryptocurrencies are in use today, and over 90% are categorized as altcoins—with over 9000 cryptocurrencies reportedly trading…

Insane Growth in Crypto Gambling [8 Crucial Insights]

Insane Growth in Crypto Gambling [8 Crucial Insights]

Gambling is one of the most popular forms of entertainment, with over 4.2 million gamblers placing bets once a year. The gambling industry has evolved significantly through technology in the past few years. As cryptocurrency…

How Many Crypto Casinos Are There? [9 Relevant Trends]

How Many Crypto Casinos Are There? [9 Relevant Trends]

Cryptocurrencies like Bitcoin and Ethereum have surged in popularity, making their way into online gambling. In 2023 alone, the global crypto market witnessed staggering growth, reaching $280 billion. This surge has fueled the rise of…

Understanding Crypto Gambling Laws by Country (13 Interesting Facts)

Understanding Crypto Gambling Laws by Country (13 Interesting Facts)

Crypto gambling refers to all activities that combine games of chance (iGaming) and cryptocurrency. In short, crypto gambling combines conventional gambling with cryptocurrencies utilizing blockchain technology.  The noticeable difference between online and crypto gambling is…

Do You Pay Tax on Your Crypto Gambling Wins? 9 Important Facts

Do You Pay Tax on Your Crypto Gambling Wins? 9 Important Facts

Crypto gambling is an online platform powered by cryptocurrency transactions, with Bitcoin being the most widely used digital currency. Like traditional online casinos, these platforms offer a wide selection of games, including roulette, blackjack, and…

How Many Bitcoins Are There? [10 Eye Opening Trends]

How Many Bitcoins Are There? [10 Eye Opening Trends]

Bitcoin is one of the leading cryptocurrencies in the market, with over 267 million Bitcoin owners in 2022. What sets BTC apart from other cryptocurrencies and traditional currencies like dollars is that it is issued…

Crypto Gambling vs. Online Gambling [A Statistical Comparison]

Crypto Gambling vs. Online Gambling [A Statistical Comparison]

Crypto gambling uses cryptocurrencies like Bitcoin and Ethereum for online betting and gaming. It utilizes blockchain technology to promote secure and anonymous transactions. This gambling method is gaining popularity, with 30,000 people betting using digital…

Bitcoin Casino Statistics: 7 Latest Trends

Bitcoin Casino Statistics: 7 Latest Trends

Bitcoin casinos have emerged as the latest trend in the online gambling industry, significantly shaping its future since the early 2010s, along with the widespread adoption of Bitcoin itself. The blockchain technology is at the…

CryptoGamblingBot

How Much Power Does Crypto Use? (8 Latest Trends)

With the world's energy usage reaching over 200 TWh annually, cryptocurrencies are power-hungry monsters that use more electricity than many nations combined. Since mining cryptocurrencies is energy-intensive, their popularity has resulted in a sharp spike…